Thangamayil Jewellery Share Price Jumps Sharply as Stock Market Today Faces Pressure

Market Performance: Thangamayil Jewellery Defies Weak Stock Market Today

While the broader stock market today struggled under selling pressure, Thangamayil Jewellery share price moved in the opposite direction.

On Thursday, January 8, the stock extended its rally for the fourth straight session, rising 8.2% to touch a fresh all-time high of ₹4,149. This strong move stood out, especially as benchmark indices were deep in the red.

However, as market volatility intensified through the session, some profit-taking emerged. By 12:15 PM, the stock was trading almost flat at ₹3,837.

Still, the bigger picture remains striking. From its recent lows, Thangamayil Jewellery share price has gained around 28.5% in just four trading sessions, reflecting strong momentum despite a weak broader market setup.

Main News: What’s Fueling the Rally in Thangamayil Jewellery Share Price?

The sharp move in Thangamayil Jewellery share price is largely tracking the broader mood within the jewellery space.

The December quarter is traditionally the strongest period for organised jewellery retailers. Festive buying, wedding-season demand, and higher store footfalls typically combine to create strong business traction during this phase.

This season, demand conditions appear especially supportive. Updates from multiple jewellery companies during the quarter highlighted healthy consumer interest, which helped lift overall sector sentiment.

As expectations around festive-led performance improved, jewellery stocks attracted steady attention even as the stock market today remained under pressure.

Jewellery Sector Updates Lift Sentiment

Several listed jewellery companies reported strong business momentum during the December quarter, adding to optimism across the space.

Key highlights from sector updates included:

• Strong year-on-year revenue growth driven by festive and wedding demand
• Higher average selling prices supporting topline growth
• Continued resilience in demand even amid volatile gold prices

These updates helped reinforce confidence in organised jewellery retailers, creating a positive backdrop for stocks like Thangamayil.

Company Details: Thangamayil Jewellery Financial Snapshot

Beyond sector sentiment, Thangamayil’s own financial performance provides important context to the recent price action.

Q2 FY26 Performance

During the September quarter:

• Net profit: ₹58.15 crore
  • Turnaround from a loss of ₹17.45 crore in the year-ago period
• Total sales: ₹1,705 crore
  • Up 45% year-on-year from ₹1,178 crore

Sales breakup:

• Retail sales: ₹1,636 crore
  • Growth of 45% from ₹1,131 crore
• Wholesale sales: ₹69 crore
  • Increase of 47% year-on-year

Operating performance also saw a sharp recovery:

• EBITDA: ₹106 crore
  • Compared with a loss of ₹7 crore last year
• EBITDA margin: 6.48%
  • Improvement of 710 basis points

H1 FY26 Performance

For the first half of the financial year:

• Net profit: ₹104 crore
  • Jump of 167% year-on-year
• Revenue from operations: ₹3,260 crore
  • Growth of 36%

These numbers underline a strong recovery phase compared to the previous year.

Thangamayil Jewellery Share Price: Long-Term Performance Trend

The recent surge also comes on the back of strong historical returns.

Key long-term highlights:

• 2025 YTD: Share price up 69%
• Third consecutive year of gains
• Last 6 years: Positive yearly close in 5 years

Some standout annual performances include:

• 2023: +173%
• 2021: +130%

On a longer horizon:

• 3-year gain: 638%
• 5-year gain: 1,181%

This track record continues to keep the stock on investors’ radars, even during volatile phases in the stock market today.

Summary: Why Thangamayil Jewellery Share Price Is in Focus?

To sum it up:

• Thangamayil Jewellery share price rallied sharply despite a weak broader market
• The stock touched a fresh all time high of ₹4,149 before easing
• Gains of 28.5% in four sessions highlight strong momentum
• Supportive festive demand and sector-wide strength lifted sentiment
• Solid recent financial performance adds context to the renewed interest

As jewellery stocks remain in focus, Thangamayil continues to stand out for its sharp move amid broader market volatility.

Source: Livemint